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  • M&A
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U.S. OCC Imposes Conditions On Approval, Including Requirement That Flagstar Allocate Appropriate Resources To Assets And Liabilities Acquired And Require A Supervisory Non-Objection Prior To Paying Dividend To Shareholders

By Happy Mohamed
Today, 5:59 AM
- Reuters

KBE

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  • Government
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New York Community Bancorp Unit To Buy Deposits, Certain Assets Of Signature Bank: FDIC

By Bhavik Nair
Today, 5:59 AM
The Federal Deposit Insurance Corporation said a wholly owned subsidiary of New York Community Bancorp, Inc. (NYSE:NYCB) has…

NYCB

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  • Federal Reserve
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‘Subsidiary Of New York Community Bancorp, Inc., To Assume Deposits Of Signature Bridge Bank, N.A.’ – FDIC

By Happy Mohamed
Today, 5:59 AM
https://www.fdic.gov/news/press-releases/2023/pr23021.html The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for substantially all deposits and certain loan portfolios of

KBE

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  • News

Midsize U.S. Banks Asked FDIC To Insure All Deposits For Two Years

By Charles Gross
Today, 5:59 AM
-Bloomberg https://www.bloomberg.com/news/articles/2023-03-18/midsize-us-banks-ask-fdic-to-insure-all-deposits-for-two-years?sref=y3YMCJ4e&leadSource=uverify%20wall

KBE

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Warren Buffett In Contact With Biden Officials On Banking Crisis

By Charles Gross
Today, 5:59 AM
-Bloomberg https://www.bloomberg.com/news/articles/2023-03-18/warren-buffett-in-contact-with-biden-officials-on-banking-crisis?srnd=premium&sref=y3YMCJ4e&leadSource=uverify%20wall

BRK-A

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  • Cryptocurrency
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Mike Novogratz Says ‘You Want To Be Long Bitcoin’ After Warning Of Possible Credit Crunch Ahead

By Mehab Qureshi
Today, 5:59 AM
Michael Novogratz, CEO and co-founder of Galaxy Digital, on Wednesday said that the United States is on the brink of entering a recession – and he believes that now is the perfect opportunity to invest in cryptocurrencies.

BTC

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Prosecutors, SEC Investigate Signature Bank’s Work With Crypto Clients

By Vandana Singh
Today, 5:59 AM
Justice Department investigators in Washington and Manhattan were investigating Signature Bank's (NASDAQ: SBNY) work with crypto clients before regulators seized the bank past weekend.

SBNY

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Bitcoin, Ethereum, Dogecoin Gain After Inflation Data: Analyst Sees $30K For Apex Crypto As ‘Fed’s Work Is Almost Done’

By Mehab Qureshi
Today, 5:59 AM
Major cryptocurrencies traded in the green late on Tuesday after the release of the February Consumer Price Index, which showed a decline in inflation to 6% from the previous month's reading of 6.4%. 

$DOGE

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Rich Dad, Poor Dad Author Has Chilling Bank Prediction: ‘I Called Lehman Brothers Years Ago And I Think The Next Bank To Go Is…’

By Chris Katje
Today, 5:59 AM
Investor and entrepreneur Robert Kiyosaki made a new prediction for the banking sector this week. Here’s what the author of “Rich Dad, Poor Dad” said could happen next.

BTC

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Ken Griffing Backed Citadel Advisors Discloses 5.3% Stake in Western Alliance Bank

By Vandana Singh
Today, 5:59 AM
Billionaire Kenneth (Ken) Griffing controlled Citadel Advisors LLC disclosed a 5.3% stake in Western Alliance Bancorp (NYSE: WAL).

SBNY

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